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China’s crude oil imports have doubled from 2011 to 2021 and now account for 20% of global seaborne crude oil volumes.
Ships operating in the Gulf of Guinea can benefit studying the new website run by the UK/French security reporting centre MDAT-GoG (Maritime Domain Awareness for Trade for the Gulf of Guinea). It is also highly recommended to report ship's movements, suspicious observations and security incidents immediately as they occur.
The closure of the Colonial pipeline which runs from the US Gulf to the US East Coast, has caused a spike in oil product tanker rates on trades to and from the region.
A new Internationally Releasable Threat Assessments (IRTA) has been issued by Combined Maritime Forces (CMF) and EU Naval Forces. It is the assessment that the threat from Somali pirates and from terrorists is “benign” i.e. lower than low. However, there are threats related to the ongoing conflict between in Yemen between the Saudi-Led coalition and the Houthi rebel group. These threats are perceived as low for general shipping, but moderate to substantial to ships involved in the conflict in Yemen or engaged in oil activities near Yemeni ports.
BIMCO’s contract for security escort vessels, SEV-GUARDCON, was introduced back in January 2022. Leading maritime security company, Ambrey, shares its views on the contract and how it has saved time and effort in concluding agreements for escort services in West Africa.
The Round Table of Shipowner Associations and OCIMF have expressed their full support for the launch of Nigeria’s Deep Blue Project.
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